Harley-Davidson Inc (HOG)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,996,640 | 5,163,730 | 4,750,650 | 4,550,090 | 5,845,430 |
| Total current liabilities | US$ in thousands | 3,557,490 | 3,384,260 | 3,533,910 | 3,342,890 | 3,981,950 |
| Current ratio | 1.40 | 1.53 | 1.34 | 1.36 | 1.47 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,996,640K ÷ $3,557,490K
= 1.40
Harley-Davidson Inc's current ratio has shown some fluctuations over the past five years. As of December 31, 2020, the current ratio was 1.47, indicating that the company had $1.47 in current assets for every $1 in current liabilities. Subsequently, the ratio decreased to 1.36 by December 31, 2021, and further declined to 1.34 by December 31, 2022, which may signal potential liquidity challenges.
However, there was an improvement in the current ratio by December 31, 2023, when it increased to 1.53, suggesting a healthier liquidity position. Nonetheless, by December 31, 2024, the ratio fell slightly to 1.40.
Overall, the current ratio for Harley-Davidson Inc has experienced fluctuations within the range of 1.34 to 1.53 over the past five years, indicating varying levels of liquidity and ability to meet short-term obligations. It is important for the company to closely monitor and manage its current assets and liabilities to maintain a healthy liquidity position.
Peer comparison
Dec 31, 2024